Midwest Electric Gives Patronage Check To Village Of St. Henry

statelinesportsnetwork

3 months ago

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(1-2-18) – Ron Gelhaus, left, administrator for the Village of St. Henry, accepts a patronage check for the Village from Midwest Electric CEO Matt Berry. Midwest Electric recently paid about $1.3 million in patronage equity payments to co-op members. Since its inception, Midwest has returned more than $30 million to its members. The money is used as a financing source for the cooperative to invest in its electric distribution system, and then is returned to members based on their electric use